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Dec 31, 2012
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it's mostly going to be about sandy relief money from the superstorm. the cliff will come up, but the source said we are not going over any potential deal because there isn't one and the senate hasn't acted yet. >> but even if they're intending to talk more about sandy relief, don't you think the fiscal cliff issue is going to kind of come up? >> of course it's going to come up, but my only point is the meeting -- that's not what the meeting is about. it's a further indication that -- from the house of representatives that they don't consider this thing ripe enough that they're going to bolt and move on it tonight. >> that'll please new jersey governor chris christie and governor cuomo of new york. but you don't think that's a head fake to try and lower expectations? or not to raise them needlessly on the fiscal cliff? >> look. >> we sound skeptical, don't we? >> yes. but we're not that far from 5:00. and we're not that far from midnight. knowing the way the senate acts, the fact the senate leaders have not announced a deal. i don't think it's a trech t
it's mostly going to be about sandy relief money from the superstorm. the cliff will come up, but the source said we are not going over any potential deal because there isn't one and the senate hasn't acted yet. >> but even if they're intending to talk more about sandy relief, don't you think the fiscal cliff issue is going to kind of come up? >> of course it's going to come up, but my only point is the meeting -- that's not what the meeting is about. it's a further indication that...
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Dec 29, 2012
12/12
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sandy road ashore devastating several areas and the senate rejected a republican amendment to cut the immediate cost to just 23 million clearing the way for final action on the $60 billion bill. the bill now goes to the house where its passage is uncertain because of the non-sandy-related spending items that are in the bill. typical sausage making for washington. >>> let's get to our panel. here now is blake zeff, former obama campaign aide and washington editor. robert, have you heard anything in the last couple of hours that suggests to you that somehow by monday mitch mcconnell and harry reid will sing kumbaya, pass something in the senate that also passes the house? >> i'm not so sure they'll be sing kumbaya, but the real story today is that there's movement on capitol hill. reid and mcconnell come out of that white house meeting and they're ready to haggle over some differences. what i expect to come to the floor is what president obama's talking about a 250 threshold for rates, maybe an amt attached to it and maybe have unemployment attached to it, but that's it. that's what the
sandy road ashore devastating several areas and the senate rejected a republican amendment to cut the immediate cost to just 23 million clearing the way for final action on the $60 billion bill. the bill now goes to the house where its passage is uncertain because of the non-sandy-related spending items that are in the bill. typical sausage making for washington. >>> let's get to our panel. here now is blake zeff, former obama campaign aide and washington editor. robert, have you heard...
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Dec 27, 2012
12/12
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a lot of things being thrown at the american consumer, the tragedy in connecticut, sandy, fiscal cliff, everything. with that in mind where do you see consumer spending, consumer discretionary spending next year? >> i think in 2013 there's always a place that excels in consumer discretionary and it's based on product, price and where they can expand in terms of channel extension. in 2013 i think we'll see names like nordstrom where they are accelerating the rate of growth. i think we'll see urban outfitters continue their turnaround, perhaps in an accelerated pace in 2013, and i think you're going to continue to see, particularly in the first half of the year, the demand for products from michael kors do well. second half of the year is a different story and perhaps the turnaround of tiffany's to be the name for the second half. >> meantime, r.j., i think you would agree retail remembers scrambling right now because consumer confidence is plunging. three reports in a row that have been pretty dismal. >> yeah, i would agree. i think we're looking for a bit of a pullback in 2013, not onl
a lot of things being thrown at the american consumer, the tragedy in connecticut, sandy, fiscal cliff, everything. with that in mind where do you see consumer spending, consumer discretionary spending next year? >> i think in 2013 there's always a place that excels in consumer discretionary and it's based on product, price and where they can expand in terms of channel extension. in 2013 i think we'll see names like nordstrom where they are accelerating the rate of growth. i think we'll...
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Dec 26, 2012
12/12
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would you put this mainly down to the fiscal cliff worries, to the aftermath of hurricane sandy, or to weather? >> i think all of the above. i think the fact that we have this sort of fiscal cliff overhang is sort of pulling back people from spending money but i think the weather has a huge impact on it and i think one of the big things to look at is the comparison to last year. last year there was no weather. it was abnormally warm, one of the warmest decembers on record. we had very, very strong traffic levels. any time we have weather this year, there will be a head wind and when we have the kind of weather we're seeing today, that will be a significant head wind. i think the fact that mastercard and sharper track pulled back their numbers doesn't bode well for the rest of the year because now of course we're up against it and we're looking at some really significant weather on a big shopping day today and then also tomorrow. >> does that show up in better numbers for online retail? >> i think in principle, yes. i think there will be more people actually shopping today online than t
would you put this mainly down to the fiscal cliff worries, to the aftermath of hurricane sandy, or to weather? >> i think all of the above. i think the fact that we have this sort of fiscal cliff overhang is sort of pulling back people from spending money but i think the weather has a huge impact on it and i think one of the big things to look at is the comparison to last year. last year there was no weather. it was abnormally warm, one of the warmest decembers on record. we had very,...
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Dec 27, 2012
12/12
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there was a bill introduced by the ranking member of the ways and means committee in the house, sandy levin, that called for this legislation. the speaker was going to bring it up to kill it, but he couldn't kill it and then we moved to plan "b," the debacle of all debacles. it's the mother of all debacles. that was brought up in an effort to send us something. he couldn't even pass it among the republicans it was so absurd, he meaning the speaker, so it's very clear now, mr. president, that the speakers's number one goal is to get elected speaker on january 3rd. the house is not even here. he's told me it will give him two days to get back here, not two days, 48 hours. they don't even have enough of the leadership here to meet to talk about it. they have done it with conference calls. people are spread all over the country because the speaker is basically waiting for january aboutrd. now, the president campaigned on raising taxes on people making more than $250,000 a year. the bush era tax cuts will expire at the end of this year. obama was elected with a surplus of about 3 million v
there was a bill introduced by the ranking member of the ways and means committee in the house, sandy levin, that called for this legislation. the speaker was going to bring it up to kill it, but he couldn't kill it and then we moved to plan "b," the debacle of all debacles. it's the mother of all debacles. that was brought up in an effort to send us something. he couldn't even pass it among the republicans it was so absurd, he meaning the speaker, so it's very clear now, mr....
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Dec 1, 2012
12/12
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could have something to do with superstorm sandy. weak in yesterday's third quarter gdp report. profits, and these are the broadest gdp profits, covering about 5 million large and small companies really came in pretty good in the third quarter. up 9% from a year ago. so even though business looks weak, good profits could be the backbone of the stock market despite the hysteria of the fiscal cliff. let's talk to don -- for all th hysteria, profits are rising, the economy has got pluses and minuses. i'm not sure people need to pay all that attention to the fiscal cliff. >> well, if you look at what the global stock markets are doing, they suggest that our market would be doing significantly better were it not for the fiscal cliff. now profits have been good. i think people are getting used to the idea they trust corporate ceos more than they trust those that print government bonds that aren't really worth as much by the time they mature. they're also seeing a yield compression around the world. if you look at corporate beyond yields, they're about half of where they were just a ye
could have something to do with superstorm sandy. weak in yesterday's third quarter gdp report. profits, and these are the broadest gdp profits, covering about 5 million large and small companies really came in pretty good in the third quarter. up 9% from a year ago. so even though business looks weak, good profits could be the backbone of the stock market despite the hysteria of the fiscal cliff. let's talk to don -- for all th hysteria, profits are rising, the economy has got pluses and...
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Dec 31, 2012
12/12
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november was particularly strong, coming off the real devastation of sandy in october. we were hoping obviously to maintain that momentum going into december. we've been able to do that. as you note, champagne has been particularly strong. we see strength across a broad spectrum, not just in the champagne category, but in the high end spirits, in moderately priced good bordeaux wine from '09. so it's not just been, obviously, we're going to sell a lot of champagne in the last week getting ready for the holid holidays, but it's not just champagne. in the spirits category, notably at the higher end, higher in spirits like johnny walker blue have done immensely well. it's given us reason, i think, to be cautiously optimistic, still, going into the new year given that november and december have trended so strong for us. >>el with, chris, you know, it's interesting, maybe people, the money they once spent at the shopping mall now taking it to your stores and buying champagne and wine. i wonder when we talk about demand who your customer base is. are we talking about wall str
november was particularly strong, coming off the real devastation of sandy in october. we were hoping obviously to maintain that momentum going into december. we've been able to do that. as you note, champagne has been particularly strong. we see strength across a broad spectrum, not just in the champagne category, but in the high end spirits, in moderately priced good bordeaux wine from '09. so it's not just been, obviously, we're going to sell a lot of champagne in the last week getting ready...
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Dec 6, 2012
12/12
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post-sandy now reservations have come back from these airlines. there was a lot of worry of cancellations. >> because a lot of families still have not recovered from that. there was a thought that would be a much longer lag. >> bookings have returned to normal. that's key. >> kenny pulkari is here. there's no recipe. >> we might have to do takeout in the herrera household tonight. it's coming, guys, but it probably won't be here until tomorrow. you just have to wait. the market's kind of waiting, too. it's all on washington. i was impressed with yesterday the market was able to hold on to an advance in the face of apple. i think that boded pretty well. >> well, i think that's true but i think apple is a situation and issue unto itself. right? certainly it affects -- you saw what it did to the nasdaq yesterday. but for the broader market i think it does say a lot for the strength of the broader market in terms what have it wants to see. it wants to see the resolution. whether apple goes up or down. if we get a resolution of the fiscal cliff or the
post-sandy now reservations have come back from these airlines. there was a lot of worry of cancellations. >> because a lot of families still have not recovered from that. there was a thought that would be a much longer lag. >> bookings have returned to normal. that's key. >> kenny pulkari is here. there's no recipe. >> we might have to do takeout in the herrera household tonight. it's coming, guys, but it probably won't be here until tomorrow. you just have to wait. the...
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Dec 17, 2012
12/12
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they haven't addressed the aid for sandy. it's now been six weeks after sandy and nothing has been done on that front. >> the gears move slowly, but the aide for andy will pass. it's just a question of when they get it done. and, of course, because that involves additional spending, that factors into the debt limit in the fiscal cliff negotiations, as well. >> john, do you know what is available to the president administratively, not legislatively in terms of gun regulation? >> first of all, all the issues related to enforcement of existing laws. >> what mayor bloomberg said is it was illegal weapons at that point that he was talking about. >> 77,000 for seven lives of something. would the gun lobby argue for astringent background checks for mental illness? >> probably. it depends on how it's framed and how it's enforced. but, you know, they've taken a pretty doctrine-aire view towards opposing anything under the nose under the camel's tent. feinstein is now going to reintroduce that bill. she passed it in the clinton adminis
they haven't addressed the aid for sandy. it's now been six weeks after sandy and nothing has been done on that front. >> the gears move slowly, but the aide for andy will pass. it's just a question of when they get it done. and, of course, because that involves additional spending, that factors into the debt limit in the fiscal cliff negotiations, as well. >> john, do you know what is available to the president administratively, not legislatively in terms of gun regulation?...
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Dec 20, 2012
12/12
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people feel it is amazon or sandy. now getting cheap. 55, 56, i would not sell it. i feel like in the end, [ inaudible ] [ bell ringing ] there they are, at the opening bell. top of your screen is the s & p 500. down at the exchange, pet care brand u can tube in ba and canine companions for independence providing highly trained dogs for people with disabilities.ompanions for inde providing highly trained dogs for people with disabilities. >> intercontinent, ice, a day -- what happened? there's a dog up there. >> what's the question? >> we used to -- the bell used to be big companies ringing. i mean, is this an anachronism, david? >> you want to come back to this? >> 200-year-old company gets bought by a 12-year-old company. is mr. mcdonald there? i don't see him. maybe is there a little irony here, going for an ironic touch. >> looking for significant cost savings in this merger. we have been saying 450 million. we take a look at dogs. 150 million of that is inclusive of cost cutting under way at the nyse, part of their plan to cut $150 million in costs. as for the
people feel it is amazon or sandy. now getting cheap. 55, 56, i would not sell it. i feel like in the end, [ inaudible ] [ bell ringing ] there they are, at the opening bell. top of your screen is the s & p 500. down at the exchange, pet care brand u can tube in ba and canine companions for independence providing highly trained dogs for people with disabilities.ompanions for inde providing highly trained dogs for people with disabilities. >> intercontinent, ice, a day -- what...
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Dec 24, 2012
12/12
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>> i think this season is so different because of superstorm sandy. so what we saw right after thanks giving is a snap back. we have seen solid demand as we get closer to christmas and new year's. there's no doubt on the back side of the events in late october with super storm. it was a slow demand period for jetblue and for the industry in the northeast. >> it has been a difficult few weeks for jet travel because of the weather. are operations back it normal at this point? have you been able to make up the lost time o or no, not yet? >> absolutely. operations are back to normal. we are operating a record level of flight activity. right in the mid 85% load factors. we have seen a nice rebound on the back side of the storm. >> what are bookings looking like going forward? how are you expecting the first half it play out? >> visibility is a little bit after question mark as we move into the future. we are cautiously optimistic. let's face it, a lot has to do with what happens in washington. decisions. it really is. it is not like we didn't see this comi
>> i think this season is so different because of superstorm sandy. so what we saw right after thanks giving is a snap back. we have seen solid demand as we get closer to christmas and new year's. there's no doubt on the back side of the events in late october with super storm. it was a slow demand period for jetblue and for the industry in the northeast. >> it has been a difficult few weeks for jet travel because of the weather. are operations back it normal at this point? have you...
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Dec 18, 2012
12/12
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here for hurricane sandy. >> hurricane sandy, joplin, we also deploy volunteers out in disaster situations. >> can i ask you, do you notice a difference between how children respond and grown-ups response when it comes to the dog? >> about the same. both come town and pet, some show emotion, some will get down on the ground with the dogs. dogs at high school are basically laying down with kids laying around them all with their hand on the dog. >> that is right? >> petting the dogs, massaging the dogs. dogs are loving it. >> i say i want to come back as a comfort dog. i've seen everybody coming up and scrubbing your ears and giving lots of love. there's a certain dog you choose as a puppy and you have a test to get right dog to be safe as comñgdmzdog. >> 5 1/2 dog we see their temperament. if they have a temperament that allows you to do that, that starts the training process. we train our dogs as service dogs not that we use them as service dogs as disabled but they're trained not bark, bite, jump. >> if they wiggle, you know that they've got a temperament that might not be best for this
here for hurricane sandy. >> hurricane sandy, joplin, we also deploy volunteers out in disaster situations. >> can i ask you, do you notice a difference between how children respond and grown-ups response when it comes to the dog? >> about the same. both come town and pet, some show emotion, some will get down on the ground with the dogs. dogs at high school are basically laying down with kids laying around them all with their hand on the dog. >> that is right? >>...
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Dec 18, 2012
12/12
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students at sandy hook elementary are not returning to class today. when they go back, it will be a new school. the town's updating a former middle school in nearby monroe. that is where my colleague ashleigh took a look. >> reporter: while the kids in newtown, connecticut are going to be returning to school today, the kids from sandy hook will not be. that's because they're going to come here to the monroe middle school campus. look to the left. the chalk hill school, a school because of declining enrollment closed down and set to reopen as a community center but now monroe county has decided to avail its services to kids of sandy hook. look across the street at the sign that has shown up "welcome sandy hook elementary" heart warming to see that. here's how it's going to work. they're not going to be here today. we don't know exactly when they'll be here. look up there, there's a police officer who is blocking the entrance to the media. we want to be respectful. they're allowing teachers that are going into an adjacent middle school and people who ar
students at sandy hook elementary are not returning to class today. when they go back, it will be a new school. the town's updating a former middle school in nearby monroe. that is where my colleague ashleigh took a look. >> reporter: while the kids in newtown, connecticut are going to be returning to school today, the kids from sandy hook will not be. that's because they're going to come here to the monroe middle school campus. look to the left. the chalk hill school, a school because of...
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Dec 18, 2012
12/12
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in the aftermath of sandy hook, he's had a change of heart. i spoke with him earlier and here's what he told me. >> i know everybody is grieving as hard as we're grieving in west virginia as hard as i'm grieving. i really can't imagine. i don't have words for that, my sympathies for them. with that being said we haven't hopefully become a society or become even a governing body that we can't sit down and talk. we can't lay everything on the table to find out how do we move forward when we know we have challenges and you know, i'm a big proponent of colin powell's five promises to children. the second promise is every child should have a safe place in their life. sometimes it's not always the home. more than often it's the school and it looks like that's even been taken away, so it is time to set down. it's time to look at a responsible, reasonable approach. mental illness, a culture of violence, sometimes it's accepted, even glorified and then certain military style weapons that really as a hunter myself, a proud defender of the second amendme
in the aftermath of sandy hook, he's had a change of heart. i spoke with him earlier and here's what he told me. >> i know everybody is grieving as hard as we're grieving in west virginia as hard as i'm grieving. i really can't imagine. i don't have words for that, my sympathies for them. with that being said we haven't hopefully become a society or become even a governing body that we can't sit down and talk. we can't lay everything on the table to find out how do we move forward when we...
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Dec 18, 2012
12/12
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but to be clear, not the students of sandy hook elementary school. students at other schools, they are seeing more police, more counselors on hand, just being in town the last couple of days there are a lot of police officers just sitting in the driveways of a lot of the schools here, clearly security being beefed up in this town right now. teachers union says classes will discuss the shooting in age appropriate manner. it is not clear yet, though, when sandy hook elementary school will resume class. but when they do, it will certainly be at a different school in the neighboring town of monroe. and i just got back from newtown this morning, and during dinner time last night, i was invited to spend some time with these two volunteer firefighters, they're with newtown hook and ladder and they went into emergency mode, of course, early last friday morning. they are rob mana and ray corbo. they served their community now for more than 20 years each. but the day they got that call, they say it was like nothing they had ever seen before. how long have you
but to be clear, not the students of sandy hook elementary school. students at other schools, they are seeing more police, more counselors on hand, just being in town the last couple of days there are a lot of police officers just sitting in the driveways of a lot of the schools here, clearly security being beefed up in this town right now. teachers union says classes will discuss the shooting in age appropriate manner. it is not clear yet, though, when sandy hook elementary school will resume...
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later this hour. >>> it's going to take massive amount of money to help the northeast recover from sandy. some $36 billion in new jersey alone. and now it's governor chris christie pushing the federal government to pick up 100% of that cost. if you are one of the millions of men who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and application sites between these products differ. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or, signs in a woman which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. men with breast cancer or who have or might have prostate cancer, and women who ar
later this hour. >>> it's going to take massive amount of money to help the northeast recover from sandy. some $36 billion in new jersey alone. and now it's governor chris christie pushing the federal government to pick up 100% of that cost. if you are one of the millions of men who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement...
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Dec 17, 2012
12/12
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we'll begin with the latest at sandy hook elementary school. today the first of the funerals get under way. 6-year-old jack pinto and noah pozner will be the first of the 26 victims laid to rest. we'll also learning more about the remarkable acts of heroism. one teacher, ann marie murphy, died while shielding students with her body. another read to kids to distract them from the gunshots that exploded outside their room. last night in newtown, president obama met with survivors and the families of those killed. he vowed to prevent another massacre and called for a national discussion on gun violence. more on the gun control debate in just a moment. but first the president's message to a community in anguish. here are some of the president's comments from last night's vigil. >> i am very mindful that mere words cannot match the depths of your sorrow, nor can they heal your wounded hearts. i can only hope it helps for you to know that you're not alone in your grief, that our world too has been torn apart. that all across this land of ours we have
we'll begin with the latest at sandy hook elementary school. today the first of the funerals get under way. 6-year-old jack pinto and noah pozner will be the first of the 26 victims laid to rest. we'll also learning more about the remarkable acts of heroism. one teacher, ann marie murphy, died while shielding students with her body. another read to kids to distract them from the gunshots that exploded outside their room. last night in newtown, president obama met with survivors and the families...
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Dec 17, 2012
12/12
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CNN
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this is the permanent sign for sandy hook school. it's just beyond here. >> children in newtown and cities nearby are still off of school today, but for the rest of the country, school bells rang this morning. parents and teachers still struggling, probably going to struggle for a while now. how do they explain this mass shooting at an elementary school and whether or not this could even happen at their own child's school. here's what one dad said on friday. >> my kids are already asking, when is this going to happen again? you know, it was only a week ago that we were talking about this type of situation. and i said the chances of it happening are 1 in a zillion at sandy hook. i was wrong about that. >> i'm joined again from new york by clinical psychologist jeff gardere. and jeff, we might have to interrupt you if the white house briefing starts. >> sure. >> to go to that. but in the meantime, let's talk about this. what do you say? there are kids all over the country, they're getting bits and pieces of this story. they're probably
this is the permanent sign for sandy hook school. it's just beyond here. >> children in newtown and cities nearby are still off of school today, but for the rest of the country, school bells rang this morning. parents and teachers still struggling, probably going to struggle for a while now. how do they explain this mass shooting at an elementary school and whether or not this could even happen at their own child's school. here's what one dad said on friday. >> my kids are already...
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he's lobbying for more federal dollars for superstorm sandy recovery. new jersey governor estimates the storm did some $37 billion damage to his state. cameras were rolling as we caught the governor arriving at the white house this morning. and then he headed to capitol hill to meet with members of congress. >> good morning. >> going home, guys. see you later. >> aid for state, considering the fiscal cliff and this budget crisis we're in right now? >> heading home now, guys. not taking questions today. >> heading home now, he says. story's very personal for one teenager. back home, who faces the impact of superstorm sandy everywhere he turns. he saved his family when that storm hit. he lost his home. and his school. but he hasn't lost his spirit. poppy harlow spent a day with ryan panetta in the broad channel neighborhood in new york. this is queens. take a look. >> reporter: the sun isn't up at breakfast time for the panettas. how tired are you? >> very. >> reporter: they're living in a borrowed one-bedroom apartment with their parents. how long is you
he's lobbying for more federal dollars for superstorm sandy recovery. new jersey governor estimates the storm did some $37 billion damage to his state. cameras were rolling as we caught the governor arriving at the white house this morning. and then he headed to capitol hill to meet with members of congress. >> good morning. >> going home, guys. see you later. >> aid for state, considering the fiscal cliff and this budget crisis we're in right now? >> heading home now,...
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Dec 10, 2012
12/12
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scholar's is one of hundreds of new york schools damaged by superstorm sandy. gone are the plays in this auditorium. ♪ >> this is our grand piano, or was our grand piano. these were brand new curtains that we fought for years to get. they're still wet. >> reporter: the sea wolves marching band and the winning teams silent for now. the instruments and uniforms flooded in sewage. the gym now a construction zone. >> hey, guys, thank you for your hard work. >> reporter: this school's 1,100 students are being bussed to temporary schools like ps-13. >> we have students on the stage. they have the conference rooms, everything. we're using every single space in the room. we had little nooks. they're in nooks everywhere. >> reporter: honor student ryan panetta lost his home to sandy and his school. he told us what scholars' means to him. >> it was just fun to be there. like made kids actually like want to learn. >> reporter: fred is working to fix the school where his father worked and where he studied. he dreams his son will go there one day too. >> it's the best hig
scholar's is one of hundreds of new york schools damaged by superstorm sandy. gone are the plays in this auditorium. ♪ >> this is our grand piano, or was our grand piano. these were brand new curtains that we fought for years to get. they're still wet. >> reporter: the sea wolves marching band and the winning teams silent for now. the instruments and uniforms flooded in sewage. the gym now a construction zone. >> hey, guys, thank you for your hard work. >> reporter:...
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except for sandy, jobs would have been doing better, and sandy is seen as a temporary factor. >>> another usual factor, the layoffs and strikes from hostess. hostess filed for bankruptcy last month. want to bring you up to speed on facebook. facebook moving up. the social network will be listed on the nasdaq 100 next week and could be added to the s&p 500 very soon. shares are down nearly 30% since the ipo. but with the market value about $60 billion, it would rank among the top 50 largest companies. one economist says the move is imminent. when it moves into an index like that, portfolio managers and fund managers buy it, because many of them have funds that track the s&p 500. >> how do you feel about that jobs report? . . >> i would like to see a triple digit number, but i don't think we'll see it because of sandy, end of the year, companies are nervous. >>> we're watching a developing story in egypt where protests in the streets are expected against the country's president again. we are live from cairo after a quick break. >>> and rescue. a woman saved after police say her ex-husband t
except for sandy, jobs would have been doing better, and sandy is seen as a temporary factor. >>> another usual factor, the layoffs and strikes from hostess. hostess filed for bankruptcy last month. want to bring you up to speed on facebook. facebook moving up. the social network will be listed on the nasdaq 100 next week and could be added to the s&p 500 very soon. shares are down nearly 30% since the ipo. but with the market value about $60 billion, it would rank among the top 50...
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the republican governor was here in washington to talk about hurricane sandy relief efforts, and now they're in danger of going over the fiscal cliff with the rest of the country at the end of the month. our national political correspondent jim acosta has been covering this story for us. what's the latest with chris christie in washington. >> reporter: this is some of the unintended consequences of the fiscal cliff. after a series of meetings with the president and house speaker john boehner, new jersey governor chris christie had little to say as he left washington, but as other senators we spoke to see it, the jersey shore may be running head on into the fiscal cliff. he visited the president at the white house, then he met with senators from his own state before slipping in to meet the speaker of the house. >> going home, guys. see you later. >> reporter: but then chris christie, a potential presidential candidate who is rarely at a loss for words, departed the nation's capital in near total silence. as it turns out, the new jersey governor's quest for money to rebuild the battere
the republican governor was here in washington to talk about hurricane sandy relief efforts, and now they're in danger of going over the fiscal cliff with the rest of the country at the end of the month. our national political correspondent jim acosta has been covering this story for us. what's the latest with chris christie in washington. >> reporter: this is some of the unintended consequences of the fiscal cliff. after a series of meetings with the president and house speaker john...
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chuck schumer whose own home state of new york was hit hard by sandy, pointed out the irony of the request. it doesn't come at an oper tune time. will christie's move hurt his party or not? good to see both of you. let me ask you because i don't know you spoke early on about how well you thought you thought chris christie handled this storm, politically and every other way and now asking for federal funding and republicans trying to cut spending. is he hurting his own party in. >> i think whether you're a republican or democratic governor, you want to secure money from people who are not your own taxpayers but federal taxpayers. that's just a classic move. now, is he -- >> human nature, i guess. >> it sure is. is it undermining republicans in congress? it probably is. but frankly he's looking out for his own political future and really the only option. new jersey is in a very tight fiscal situation. partly because they have a balanced budget requirement. this is had a huge impact on the state economy. frankly, i think you see more situatictuations in which the governors are pitted against
chuck schumer whose own home state of new york was hit hard by sandy, pointed out the irony of the request. it doesn't come at an oper tune time. will christie's move hurt his party or not? good to see both of you. let me ask you because i don't know you spoke early on about how well you thought you thought chris christie handled this storm, politically and every other way and now asking for federal funding and republicans trying to cut spending. is he hurting his own party in. >> i think...
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who can forget super storm sandy? neighborhoods along the northeast swept away, millions without power and damages as high as 50 billion dollars raising lots of questions about u.s. infrastructure and whether we should be spending money to fix it. >> china. is china slowing or leading the world. we know china will be the biggest economy in the world by 2020. for sure by 2030. >> china, china, china. >> china also getting more than a few mentions during the presidential campaign. it's pretty clear china is a competitor and a partner. >> number four, europe, the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three, the housing market. finally finally bottomed out, the combination of low home prices and continued record low mortgage rates set off a building and buying spree. well healed investors began buying entire neighborhoods, but first time buyers were also able to get a home of their own for the first time in years. as long as they had a hefty dow
who can forget super storm sandy? neighborhoods along the northeast swept away, millions without power and damages as high as 50 billion dollars raising lots of questions about u.s. infrastructure and whether we should be spending money to fix it. >> china. is china slowing or leading the world. we know china will be the biggest economy in the world by 2020. for sure by 2030. >> china, china, china. >> china also getting more than a few mentions during the presidential...
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Dec 7, 2012
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sandy will have had an affect on this. what we're interested to know is whether or not the fiscal cliff fears had any affect on this. was there less hiring, anybody laying off in anticipation of the fiscal cliff? that will be hard to determine. christine and i will look at the numbers when they come in to see if there's any impact of that. the affect of sandy, 86,000 fewer jobs than we otherwise would have had. we're looking at a much lower number. christine appears to have it right now. we are -- >> lowest unemployment rate since december '08. 7.7%. that's the unemployment rate. surprise there. i'm going to listen to the jobs part of it. >> that is unexpected. we were expecting the unemployment rate to go to 8.0, from 7.9 to 8.0. it's gone the other direction. >> 146,000 jobs created. >> double than what was expected. >> diane s wochlswonk, chief ec. 7.7% is the unemployment rate, 146,000 jobs that have been added. the estimates were completely off. what are the implications of these numbers? >> well, certainly it's reass
sandy will have had an affect on this. what we're interested to know is whether or not the fiscal cliff fears had any affect on this. was there less hiring, anybody laying off in anticipation of the fiscal cliff? that will be hard to determine. christine and i will look at the numbers when they come in to see if there's any impact of that. the affect of sandy, 86,000 fewer jobs than we otherwise would have had. we're looking at a much lower number. christine appears to have it right now. we are...
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. >> new jersey governor chris christ christie's full-on embrace of president obama for helping sandy-ravaged new jersey came days before the election and had no noticeable effect on the presidential race but some republicans think christie didn't have to be that -- >> if it's a legitimate rape, the female body has ways to shut that whole thing down. >> a combo team from the say what categories, richard murdouch of indiana and todd aiken. >> even when life begins in that horrible situation of rape, it is something that god swended to happen. >> dreams to take control of the senate in 2012 had dwindled throughout the year but aiken and murdoch pretty much shut that door in a couple of sentences. plan to prevent employers from hiring undocumented workers. >> people who have come here illegally won't be able to find work and over time those people would tend to leave the country or self deport. >> self deportation by undocumented workers was not by itself responsible for romney's dismal showing among hispanics, but certainly greased the skids. for which romney would have liked to have had aa mul
. >> new jersey governor chris christ christie's full-on embrace of president obama for helping sandy-ravaged new jersey came days before the election and had no noticeable effect on the presidential race but some republicans think christie didn't have to be that -- >> if it's a legitimate rape, the female body has ways to shut that whole thing down. >> a combo team from the say what categories, richard murdouch of indiana and todd aiken. >> even when life begins in that...
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Dec 24, 2012
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you mentioned super storm sandy. you saw the community start to come together. and once people start realizing that basic preparedness, emergency preparedness starts at the local level and then moves its way up to the federal level, then it's a whole different game that's out there. people are less of a liability that way, because they do have some provisions. >> you don't call it a bunker, but if something were to happen, how long will these supplies last? >> depends on how many people are going to show up at our door. we have lots of friends that don't prepare. >> i know, i asked for your address, it's like the twilight zone, people with the bunker, let me in. >> we have very good friends and they're the same way, i'm coming to your house. okay, come to my house. the question is, will you be able to get to your house. >> if it's just your family, a longer period of time. >> we're ready for ten people for two years. >> it gives you piece of mind? >> absolutely. and i get asked the question, well, what are you fearing? i'm not fearing anything. that is what give
you mentioned super storm sandy. you saw the community start to come together. and once people start realizing that basic preparedness, emergency preparedness starts at the local level and then moves its way up to the federal level, then it's a whole different game that's out there. people are less of a liability that way, because they do have some provisions. >> you don't call it a bunker, but if something were to happen, how long will these supplies last? >> depends on how many...
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Dec 26, 2012
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who can forget superstorm sandy? neighborhoods along the northeast swept away. millions without power, and damages as high as $50 billion, raising lots of questions about u.s. infrastructure and whether we should be spending money to fix it. >> number five, china. is china slowing or is china leading the world? we know that china will be the biggest economy in the world by 2020, for sure by 2030. >> china. >> china. >> china also getting more than femeio ith pannud co-l pirti byewee o le3% to a f owfo t utestates. >> number eight, facebook's ipo, hundreds of millions of people like facebook, but investors did not in its first day as a trading company. questions about nasdaq and the company's ability to make money on mobile users pummeled the stock which has yet to climb back to its ipo price. >> number seven, mother meyer. the new ceo of yahoo, who announced she was just going to take a two-week maternity leave as she tried to turn the company around. looks like a mother's touch is just what yahoo needed. >> number six, mother nature. a drought in the midwest th
who can forget superstorm sandy? neighborhoods along the northeast swept away. millions without power, and damages as high as $50 billion, raising lots of questions about u.s. infrastructure and whether we should be spending money to fix it. >> number five, china. is china slowing or is china leading the world? we know that china will be the biggest economy in the world by 2020, for sure by 2030. >> china. >> china. >> china also getting more than femeio ith pannud co-l...
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in the case of hurricane sandy, 1,000 websites were created within a week. so that gives you a sense of the scale of how these things can be. our concern is that the amount of oversight capacity of the government is quite limited and is shrinking while this kind of abuse seems to be steam rolling and there's more and more of it we see. especially this year when we had a number of tragedies. >> are authorities outnumbered or can they do something to stop this? >> they're definitely outnumbered. the ira and the state attorney generals offices have been long behind in keeping up with these things. now as government is shrinking, there's more of a problem. unfortunately, it requires the work of cnn and other reporters to bring to light, sometimes it's almost embarrassment that causes them to go forward. >> i'm sure you're concerned people at home are listening and saying maybe i shouldn't donate. maybe it makes them afraid to donate. what do you say to them? >> for every horrible story, there's a great story and fantastic charities. westchester, connecticut, is
in the case of hurricane sandy, 1,000 websites were created within a week. so that gives you a sense of the scale of how these things can be. our concern is that the amount of oversight capacity of the government is quite limited and is shrinking while this kind of abuse seems to be steam rolling and there's more and more of it we see. especially this year when we had a number of tragedies. >> are authorities outnumbered or can they do something to stop this? >> they're definitely...
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the school color of sandy hook. also residents this morning will be greeted in their local paper in newtown by a letter from first lady michelle obama, just saying once again how much her heart goes out to all of the victims and their families here, john, so it's a very important day for this entire community. >> poppy it really does seem so many things have changed in the past week. so many things different. the world completely different. one thing different, the debate over gun control, and the president weighing in again this morning on the issue. what's he saying? >> he is. this video just being released from the white house, the president making about a 2 1/2 minute address to the american people. he prefaced this by saying that he is a supporter of the second amendment, the right to bear arms and he noted, importantly i think, john, that most gun owners in this country are very responsible, but he also clearly outlined where he thinks we and congress need to draw the line. >> here is what i think we should do
the school color of sandy hook. also residents this morning will be greeted in their local paper in newtown by a letter from first lady michelle obama, just saying once again how much her heart goes out to all of the victims and their families here, john, so it's a very important day for this entire community. >> poppy it really does seem so many things have changed in the past week. so many things different. the world completely different. one thing different, the debate over gun...
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Dec 16, 2012
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so this is one of the intimate little squares here in sandy hook. you can see the little quaint stores, beautiful little stores and then come this way. you can see just the media, and people have taken this square over. when i talk to people here, they say, there's never this many people, there are never this many people who come to this town on a saturday and sunday to see how intimate and how beautiful this little town is, look. a creek that runs right through it. the people of this small town probably never dreep dreamed th their town would be the focus of such pang and sorrow. this is the newtown united methodist church. this where a lot of media camp out. they give preschool classes, ages two to six. there's the church behind me. it's been opened now for 24 hours. it will be open for 24 fours for as long as they need it some of the members of the church died and anyone who wants to come by and pay their respects to the people who died. anyone who needs help from this church, they can come here and get it. for more information on how you can hel
so this is one of the intimate little squares here in sandy hook. you can see the little quaint stores, beautiful little stores and then come this way. you can see just the media, and people have taken this square over. when i talk to people here, they say, there's never this many people, there are never this many people who come to this town on a saturday and sunday to see how intimate and how beautiful this little town is, look. a creek that runs right through it. the people of this small...
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Dec 29, 2012
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if we don'ten respond after the sandy hook elementary school massacre, we really are complicit in the next massacre of innocent children and we've got to ask ourselves, is our political future really more important than the lives of these innocent children. >> congressman jim moran, thank you very much for coming in and speaking to us about the legislation today. thank you. >> you bet. >>> down to the wire. congressional leaders scrambling to reach a deal to avoid the fiscal cliff before tuesday's deadline. >>> milk, get this, milk $7 a gallon? it could happen if congress doesn't pass a new farm bill. >>> and then smartphone apps. we'll tell you the best buys of 2012. i know. i'm will, and this is the nokia lumia 920 from at&t. it's got live tiles so all my stuff's always right there in real-time. it's like the ultimate personal assistant. but i'm me, and me needs handlers. so i hired todd to handle it for me. todd, gimme that hollywood news! what's happening on twitter? you're trending! yes! you can't have a todd, but you can have your own personal assistant. i guess you could call i
if we don'ten respond after the sandy hook elementary school massacre, we really are complicit in the next massacre of innocent children and we've got to ask ourselves, is our political future really more important than the lives of these innocent children. >> congressman jim moran, thank you very much for coming in and speaking to us about the legislation today. thank you. >> you bet. >>> down to the wire. congressional leaders scrambling to reach a deal to avoid the...
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i have me on my fantasy team. >>> many musicians jumped in to offer help after super storm sandy hit the northeast. there was an epic concert at madison square garden. take a look. ♪ but there were also many smaller benefits across the country, including some put on by two bands from tampa, sticks of fire and circle of four made up of high schoolers. the teens raised nearly $6,000 for a relief fund and did so to help many of those people who were hurt so badly during the super sto sup superstorm sandy. nicholas mcdonald and george pennington, thank you for coming in to see us. you guys are members of two bands, but you go to the same high school, right? >> yes. >> you live in tampa, florida, more than 1,100 miles away from the destruction here. what is it about what you saw on television and those images that made you want to help? >> mainly it was being from florida, we know all the issues that could happen with hurricanes. after seeing people losing their homes, i know how they feel about having all that heavy rain, all the storms going on. it's scary stuff. we were always the on
i have me on my fantasy team. >>> many musicians jumped in to offer help after super storm sandy hit the northeast. there was an epic concert at madison square garden. take a look. ♪ but there were also many smaller benefits across the country, including some put on by two bands from tampa, sticks of fire and circle of four made up of high schoolers. the teens raised nearly $6,000 for a relief fund and did so to help many of those people who were hurt so badly during the super sto...
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sherlock was part of a team that was really relied upon there at sandy hook elementary. she was part of the school's crisis intervention team, ali. so even in a time like this when people are turning to those for comfort, she's no longer with us. ali? >> yeah, sad story. nick valencia at the cnn center in atlanta. thanks, nick. >>> good morning, everyone. i'm ali velshi. you're watching our special coverage of the connecticut school shooting. i'm in newtown, connecticut, about a block away from the school which is roughly behind me. a block away from the scene of the horrible massacre. here's what we know right now. in about an hour, officials are expected to start releasing the names of the victims. we've learned the names of two of the adults, the principal and a school counselor, but not the names of the children. now, that is expected to start happening at around 8:00 a.m. right where i am. right now the bodies are still inside the school. police say it's an active crime scene and that means the shooter's body is still there, as well. police say 20-year-old adam lanz
sherlock was part of a team that was really relied upon there at sandy hook elementary. she was part of the school's crisis intervention team, ali. so even in a time like this when people are turning to those for comfort, she's no longer with us. ali? >> yeah, sad story. nick valencia at the cnn center in atlanta. thanks, nick. >>> good morning, everyone. i'm ali velshi. you're watching our special coverage of the connecticut school shooting. i'm in newtown, connecticut, about a...
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respond, sandy hook school. medical emergencies. >> i have multiple ambulance personnel coming inbound. can we stage the area command area in the school parking area? >> they found a chilling scene, a horrific scene, the scene which all the first responders say they have never seen before. it's a safe community. before this, they only had one reported homicide in the past ten years. but now, newtown will be synonymous with towns like columbine, blacksburg, like towns where we've seen so many of these tragedies. i want to bring in mary snow right now. and right now law enforcement sources say the shooter was 20-year-old adam lanza and say they found his mother's body at the home they shared together. you are outside that home right now. what more can you tell us about this investigation? >> reporter: well, john, i can tell you that the police still have blocked off the road leading to the lanza home. and yesterday s.w.a.t. teams had descended on this area for several hours. and as you mentioned, adam lanza's moth
respond, sandy hook school. medical emergencies. >> i have multiple ambulance personnel coming inbound. can we stage the area command area in the school parking area? >> they found a chilling scene, a horrific scene, the scene which all the first responders say they have never seen before. it's a safe community. before this, they only had one reported homicide in the past ten years. but now, newtown will be synonymous with towns like columbine, blacksburg, like towns where we've...
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. >>> guns are flying off the shelves after fears of a ban on assault rifles following the sandy hook massacre. we're live at the white house with the latest details. plus this. >> reporter: i'm alina cho in times square, where just hours from now new york will host what is arguably the biggest new year's eve party in the world. number one tip. if you plan to come to times square, dress warmly. it is frigidly cold. "cnn newsroom" starts right now. >>> good morning. i'm suzanne malveaux sitting in for carol costello. this morning the clock ticking louder. the nation inching closer to this fiscal cliff. we could be just hours away from seeing all of our paychecks shrink. we're following all the last minute drama to avoid that, of course. brianna keilar is covering this morning's urgent talks happening in washington. christine romans is here to talk about the impact first, and alison kosik with how investors are reacting this hour. >>> first, another story. the health condition of the nation's top diplomat. this morning secretary of state hillary clinton is waking up now in a new york ho
. >>> guns are flying off the shelves after fears of a ban on assault rifles following the sandy hook massacre. we're live at the white house with the latest details. plus this. >> reporter: i'm alina cho in times square, where just hours from now new york will host what is arguably the biggest new year's eve party in the world. number one tip. if you plan to come to times square, dress warmly. it is frigidly cold. "cnn newsroom" starts right now. >>> good...
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the children of sandy hook elementary school and all victims of gun violence deserve leaders who have the courage to participate in a meaningful discussion about our gun laws. and that's an example of discussions among people you know and around the country and around the world raising questions with a special focus on gun laws and at the same time being driven by a lot of passion and intense emotions about what we're all going through. this experience traumatized people everywhere. parent like me and people of all ages and stripes. one of the people who weighed in is an ireporter who sent us this video. he's in washington, d.c. he has daughters and he was actually picking up one of his kids at school when he heard the news. here's part of what he says. >> there are so many questions right now, more questions than answers. but what i do know is that we need to find some way to come together around all victims of violence, not just at the sandy hook elementary school. that is the tranl jik news of the day but really figure out what we can do to save our children and make them feel safe
the children of sandy hook elementary school and all victims of gun violence deserve leaders who have the courage to participate in a meaningful discussion about our gun laws. and that's an example of discussions among people you know and around the country and around the world raising questions with a special focus on gun laws and at the same time being driven by a lot of passion and intense emotions about what we're all going through. this experience traumatized people everywhere. parent like...
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Dec 16, 2012
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we know 12 little girls and 8 boys were shot to death inside sandy hook elementary school. all of them were either 6 or 7 years old. >> among them was e emilie park. she was an exceptional artist that carried around artists and pencils. her father said he gave her a good-bye kiss the last time he saw her alive. >> six adults lost their lives in this tragedy between 27 and 56 years old. that includes 47-year-old principal dawn hochsprung who was married and had two daughters and three stepdaughters. one parent said hochsprung was always smiling. >> the psychologist had a history of working with disabled adults. she was married for 30 years and loved to garden. 30-year-old lauren russo was hired as a permanent substitute teacher. her mother said she always dreamed of teaching and will miss her terribly and take comfort knowing she had achieved that dream. >> the whole town is grieving for these victims. the whole world is grieving for these victims. even as their own children try to come to grips with the horror of what has happened here. we have more on the struggle to cope
we know 12 little girls and 8 boys were shot to death inside sandy hook elementary school. all of them were either 6 or 7 years old. >> among them was e emilie park. she was an exceptional artist that carried around artists and pencils. her father said he gave her a good-bye kiss the last time he saw her alive. >> six adults lost their lives in this tragedy between 27 and 56 years old. that includes 47-year-old principal dawn hochsprung who was married and had two daughters and...
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Dec 22, 2012
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group isn't addressing the idea of banning or limiting guns used to kill the students and teachers at sandy hook elementary. they say the answer is deploying armed guards at schools. >> i call on congress today to act immediately to appropriate whatever is necessary to put armed police officers in every single school in this nation. it the only that i can stops a bad guy with a gun is a good guy with a gun. >> some politicians were quick to slam their proposal. >> the nra, i would say that they were tone deaf, but it's beyond that. they're just deaf. i mean, they have completely ignored, don't understand, don't grasp how deeply wounded this nation was. >> national correspondent susan candiotti joins from us new york. susan, the nra is adamant in its position and here we are talking about it today. so was this their game plan to change the focus of discussioning from gun control to school safety? >> well, good question. but of course, is one exclusive of the other? if you ban these types of weapons, if you restrict the size of magazine clips, for example, does that mean that you couldn't als
group isn't addressing the idea of banning or limiting guns used to kill the students and teachers at sandy hook elementary. they say the answer is deploying armed guards at schools. >> i call on congress today to act immediately to appropriate whatever is necessary to put armed police officers in every single school in this nation. it the only that i can stops a bad guy with a gun is a good guy with a gun. >> some politicians were quick to slam their proposal. >> the nra, i...
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who can forget super storm sandy. neighborhoods along the northeast swept away millions without power and damages as high as $50 billion brings in lots of questions about u.s. infrastructure and whether we should spend money to fix it. >> number five, china. for sure by 2030. >> china. >> china getting more than a few mentions during the presidential campaign probably because it's clear they are both a competitor and a partner. >> number four, europe. the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three, the housing market. finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a building and buying spree. they bought entire neighborhoods, but first time buyers got a home of their own as long as they had a hefty down payment. >> number two. >> cnn projects that barack obama will be reelected president of the united states. >> the election. more than just about obama and romney, it was about social
who can forget super storm sandy. neighborhoods along the northeast swept away millions without power and damages as high as $50 billion brings in lots of questions about u.s. infrastructure and whether we should spend money to fix it. >> number five, china. for sure by 2030. >> china. >> china getting more than a few mentions during the presidential campaign probably because it's clear they are both a competitor and a partner. >> number four, europe. the european union...
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. >>> president obama says sandy hook school shooting was the worst day of his presidency. americans will have to explore their own feelings when his gun law reform proposals come out next year. >> the question then becomes, whether we are actually shook up enough by what happened here that it does not just become another one of these routine episodes where it gets a lot of attention for a couple of weeks and then it drifts away. it certainly won't feel like that to me. >> the president says the law he's pushing will address assault style rifles, high capacity magazines and background checks. >>> the fiscal cliff, it's not the only deadline pressing on congress. a five-year farm subsidies bill that expired in september was never renewed. house and senate members did come up with a short-term extension to prevent prices from going through the roof in january. >>> a charter bus crashed today on interstate 84 near pendleton, oregon, killing nine people. it happened on this icy stretch of interstate. the bus skidded on the ice, left the road and tumbled 100 feet down the embank
. >>> president obama says sandy hook school shooting was the worst day of his presidency. americans will have to explore their own feelings when his gun law reform proposals come out next year. >> the question then becomes, whether we are actually shook up enough by what happened here that it does not just become another one of these routine episodes where it gets a lot of attention for a couple of weeks and then it drifts away. it certainly won't feel like that to me. >>...
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Dec 21, 2012
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up next, really incredible images, floodwaters during sandy, the images that tell a story the way only a photo can. a look back at the year in pictures, ahead. and i relieve nasal congestion. overachiever. [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion. nyquil® cold and flu doesn't. >>> 2012 has been a year of many iconic moments both on the national front and the international front from the soaring human spectacle of the olympic games to the lowest moments of humanity's grieving. here to take a look back at the year is the co-founder and ceo of getty images, jonathan klein. nice to have you back. >> thank you. >> let's talk first about sandy hook and newtown, connecticut, because i think often some of the most amazing pictures have not been the videotape that we've shown but sometimes the stills that can capture grief in a way that a moving picture cannot. the first picture that you have here is a vigil in sandy hook. >> the stills are just extremely powerful. i think they stop you in your tracks and i also think when you have events of such ma
up next, really incredible images, floodwaters during sandy, the images that tell a story the way only a photo can. a look back at the year in pictures, ahead. and i relieve nasal congestion. overachiever. [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion. nyquil® cold and flu doesn't. >>> 2012 has been a year of many iconic moments both on the national front and the international front from the soaring human spectacle of the olympic games to the...